‘This Fed has its head in the sand’ — but at least now we know where to invest
1. Fed cut interest rates by 25 basis points, affecting DXY's strength. 2. Retail sales rose 0.6%, showing consumer spending resilience. 3. Weak housing sector signals need for more rate cuts. 4. Treasury yields rose as Fed's hawks remain influential. 5. Global interest rate collapse could drive capital flight to the U.S.